Industry Odisha Bureau, Jul 23: The reportedly recent recovery in foreign investment has exhibited a revival in Indian economy as has reportedly been claimed by an article captioned ‘State of Economy’ written by the executives of the Reserve Bank of India (RBI) as well as reportedly published in RBI’s July bulletin carrying disclaimer that the views expressed do not represent those of RBI.
Media reports quoting the excerpts of the article authored by the RBI’s executives said that, “The gross and net foreign direct investment (FDI) stood higher in April-May 2026 than the previous year. Net foreign portfolio investment (FPI) flows turned positive in June and maintained positive flows in July amidst policy support and easing geopolitical tensions.”
Media reports quoting the excerpts of the article authored by RBI’s executives added that, “India’s external sector remains steady with improving outlook, aided by inflows of foreign investments. Amidst these uncertainties, India remains among the fastest growing major economies across the globe and has been able to sustain the momentum in economic activities through June.”
Notably, The RBI’s reportedly “coordinated move with the Government of India widened overseas investors’ access to government securities, eased investment restrictions for foreign portfolio investors (FPIs), and backed tax exemptions on sovereign bond investments following which the Non-Resident Indians (NRIs) have poured $17.41 billion into Indian banks through foreign currency non-resident (FCNR) deposits under a new deposit incentive scheme, recording a promising start to the campaign to attract dollars and strengthen the rupee. Apart from FCNR(B) deposits, the swap window also received $1.97 billion in overseas foreign currency borrowings and $1.34 billion through external commercial borrowings.”
